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Job Description & How to Apply Below
Jefferies Financial Group Inc. (‘‘Jefferies,’’ ‘‘we,’’ ‘‘us’’ or ‘‘our’’) is a U.S.
-headquartered global full service, integrated investment banking and securities firm. Our largest subsidiary, Jefferies LLC, a U.S. broker-dealer, was founded in the U.S. in 1962 and our first international operating subsidiary, Jefferies International Limited, a U.K. broker-dealer, was established in the U.K. in 1986. Our strategy focuses on continuing to build out our investment banking effort, enhancing our capital markets businesses and further developing our Leucadia Asset Management alternative asset management platform.
We offer deep sector expertise across a full range of products and services in investment banking, equities, fixed income, asset and wealth management in the Americas, Europe and the Middle East and Asia.
Job Description – Assistant Vice President (AVP) – Product Control, Securitized Products
Business Coverage: Global Securitized Products / Fixed Income Businesses
We are seeking a highly motivated Assistant Vice President to join the Product Control team supporting the Global Securitized Products business. The role will be responsible for daily P&L production, balance sheet substantiation, valuation controls, inventory analysis, and financial reporting. The successful candidate will work closely with Front Office, Operations, Balance Sheet control, Valuation Control, Regulatory Reporting, Audit, Technology and other Finance stakeholders across multiple regions.
This is an excellent opportunity for a candidate looking to gain exposure to structured products, securitized assets, financial controls, and strategic automation initiatives within a global investment banking environment.
Key Responsibilities
Daily P&L and Financial Control
Own and review and explain P&L movements, including flash versus formal P&L differences and lifecycle P&L events for securitized products businesses.
Analyze and explain daily inventory changes, investigations, funding impacts, mark-to-market movements, and risk sensitivities.
Deliver clear and concise P&L commentary to senior management and trading desks.
Prepare and review valuation adjustments, reserves, and inventory-related adjustments.
Ensure accurate month-end and quarter-end financial reporting and sign-off.
Balance Sheet and Inventory Control
Perform daily and monthly balance sheet substantiation including other assets and other liabilities.
Review inventory positions and investigate unexplained movements.
Analyze inventory adjustments and valuation changes.
Support Level 3 asset reporting and fair value disclosures.
Ensure consistency between front-office systems, subledgers, and the general ledger.
Reconciliations and Reporting
Ensure general Ledger substantiation for P&L and Balane sheet items.
Ensure completeness and accuracy of financial reporting
Prepare management dashboards and control reports.
Support regulatory, audit, and governance reporting requirements.
Process Improvement and Automation
Identify opportunities to improve efficiency and strengthen controls.
Partner with Technology teams to enhance reporting infrastructure.
Participate in UAT testing and implementation of system enhancements.
Support automation initiatives utilizing reporting and finance platforms.
Stakeholder Management
Liaise with Trading, Operations, Risk, Treasury, Accounting, FP&A, and Technology teams.
Escalate control issues on a timely basis.
Required Qualifications
Education
Bachelor’s degree in finance / accounting, or a related discipline.
CA / CPA / CFA / MBA preferred.
Experience
8–10 years of experience in Product Control, Financial Control, Valuation Control, Risk, Treasury, or Capital Markets Finance.
Experience supporting Fixed Income, Structured Products, Credit…
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